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Nova Minerals Corp
(NYSE MKT:NVA)
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Rating:50Neutral
Price Target:
$5.50
▲(6.18% Upside)
Action:N/A
Date:10/01/26
The score is primarily held back by weak financial performance, driven by the absence of revenue and ongoing cash burn that increases financing risk. Technicals are mixed, with stronger longer-term moving-average support but neutral-to-weak near-term momentum. Valuation is hard to assess due to a negative P/E and no dividend yield.
Positive Factors
Modest Leverage
Low debt relative to equity in 2026 and no reported debt in 2025 reduce immediate balance-sheet pressure, giving Nova more flexibility to fund exploration and manage obligations while projects advance. This is a relative strength even though equity fell.
Negative Factors
No Reported Revenue
The absence of reported revenue means Nova has not yet demonstrated a recurring operating revenue base, making profitability and project economics difficult to validate. Until exploration assets generate a commercial pathway, financial performance remains dependent on funding and potential future transactions.
Read all positive and negative factors
Positive Factors
Negative Factors
Modest Leverage
Low debt relative to equity in 2026 and no reported debt in 2025 reduce immediate balance-sheet pressure, giving Nova more flexibility to fund exploration and manage obligations while projects advance. This is a relative strength even though equity fell.
Read all positive factors
Nova Minerals Corp (NVA) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$206.18M
Dividend YieldN/A
Average Volume (3M)441.98K
Price to Earnings (P/E)―
Beta (1Y)2.72
Revenue GrowthN/A
EPS Growth-39.48%
CountryUS
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-21.51
Shares Outstanding38,181,050
10 Day Avg. Volume663,714
30 Day Avg. Volume441,977
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.12
Price to Sales (P/S)0.00
P/FCF Ratio-0.32
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Nova Minerals Corp Business Overview & Revenue Model
Company Description
Nova Minerals Corp engages in the exploration of mineral properties in Australia and the United States. The company explores for gold, antimony, and critical minerals. It owns 85% interest in the flagship Estelle Gold project comprising 803 mining...
Nova Minerals Corp Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
63
Positive
Cash Flow
22
Negative
| Breakdown | TTM | Jun 2026 | Jun 2025 |
|---|---|---|---|
Income Statement | |||
| Total Revenue | 0.00 | 0.00 | 0.00 |
| Gross Profit | -492.86K | 0.00 | -460.42K |
| EBITDA | -18.38M | 7.63M | -8.77M |
| Net Income | -18.90M | 11.21M | -9.76M |
Balance Sheet | |||
| Total Assets | 185.51M | 46.17M | 112.54M |
| Cash, Cash Equivalents and Short-Term Investments | 59.12M | 28.53M | 9.08M |
| Total Debt | 6.09M | 3.16M | 0.00 |
| Total Liabilities | 30.52M | 22.61M | 2.69M |
| Stockholders Equity | 147.52M | 23.56M | 102.16M |
Cash Flow | |||
| Free Cash Flow | -9.96M | -8.80M | -13.39M |
| Operating Cash Flow | -6.29M | -8.80M | -7.64M |
| Investing Cash Flow | 1.73M | -3.53M | 4.12M |
| Financing Cash Flow | 51.16M | 33.20M | 9.79M |
Nova Minerals Corp Technical Analysis
Neutral
5.18
Price Trends
5.43
Negative
4.03
Positive
2.41
Positive
Market Momentum
>-0.01
Positive
46.43
Neutral
25.98
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NVA, the sentiment is Neutral. The current price of 5.18 is below the 20-day moving average (MA) of 5.86, below the 50-day MA of 5.43, and above the 200-day MA of 2.41, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.43 is Neutral, neither overbought nor oversold. The STOCH value of 25.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for NVA.
Nova Minerals Corp Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
60 Neutral | $1.10B | 12.67 | 13.47% | 0.61% | 47.73% | ― | |
58 Neutral | $2.69B | -11.35 | -31.72% | ― | ― | -506.49% | |
50 Neutral | $206.18M | -11.44 | -16.25% | ― | ― | -39.48% | |
45 Neutral | $178.58M | -2.21 | -46.95% | ― | -69.07% | 56.69% |
* Basic Materials Sector Average
NVA
Nova Minerals Corp
5.42
5.02
1255.00%
LODE
Comstock Mining
2.32
-1.01
-30.33%
MUX
McEwen Mining
17.85
1.07
6.38%
PPTA
Perpetua Resources
21.57
0.90
4.35%
SBMT
Silver Bow Mining Corp.
8.77
-1.98
-18.42%
RML
Resolution Minerals Ltd. Sponsored ADR
5.68
-0.99
-14.88%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.